Chris Kline

And then there was this shift to the 401k, 403b, IRA, those types of tools.

You just have to get people to understand every bank in America is trying to get people.

save more.

They're giving them the ability to do a couple hundred dollars a month or a hundred dollars a month, just anything to get your max contribution.

We're coming up on tax season, right?

So April 15th is the last day that you can do last year's contribution.

So that's a great time to say, okay, here's my, I guess it's Chinese new year plus new year's resolution, right?

Like this is my chance to start my financial freedom and start my financial health off in a good step.

Well, you said it best, it's not my father's.

I always say it's not my grandfather's economy or my grandfather's retirement.

So my strategy is modern portfolio theory has about 25 to 30% that's towards alternatives.

So 75%, you stay with your index funds, your fixed incomes, treasury bills, some conservative stocks, you know, everybody says Home Depot, the ones that are recession proof, those types, and then bonds and mutual funds.

That's a safety zone.

but you need about 25 to 30 percent put inside of retirement alternatives and those alternatives can be anything from obviously i'm a crypto guy so bitcoin and other cryptocurrencies but folks use it for real tangible real estate land um cap uh venture capital private equity these are the things you're not going to find at an edward jones or a vanguard

but if you don't have them in your portfolio you're going to be left behind at the end of the day these are the ones that they're you're more risky more volatile assets but they're the ones that if you think about it we've got 30 40 years before we're going to tap into these retirement accounts you have a lot of time for those to grow and mature over time

the greatest wrong assumption for Americans today is that it's that we're going to live forever and we're going to work forever.

I think that's the, I think we have this immortality complex.

I'm getting older and my, you know, my daughter's 12 now, so I'm starting to feel a little older in life and seeing, you know, you get over 40 and you're like, okay, we're about halfway there, you know?

But for so many years, we,

we're like, oh, that's something I'll worry about 20, 30, 40 years from now.